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BRC Inc.（BRCC）与RCI HOSPITALITY HOLDINGS, INC.（RICK）财务数据对比。点击上方公司名可切换其他公司
BRC Inc.的季度营收约是RCI HOSPITALITY HOLDINGS, INC.的1.6倍（$112.7M vs $70.9M），BRC Inc.净利率更高（-2.8% vs -7.8%，领先4.9%），BRC Inc.同比增速更快（6.5% vs -3.1%），RCI HOSPITALITY HOLDINGS, INC.自由现金流更多（$11.5M vs $-9.4M），过去两年BRC Inc.的营收复合增速更高（7.0% vs -2.0%）
BRC Inc.是一家美国高端咖啡与生活方式品牌，主营烘焙咖啡豆、即饮咖啡饮品、品牌服饰及户外装备，核心客群包含退伍军人、急救人员与户外爱好者，在北美地区通过电商及线下实体门店渠道销售产品。
RCI Hospitality控股通过子公司经营脱衣舞俱乐部、夜总会、运动酒吧与餐厅，同时还运营一家为成人俱乐部行业提供服务的传媒会展企业。公司于1995年完成首次公开募股上市，目前在纳斯达克全球市场挂牌交易。
BRCC vs RICK — 直观对比
营收规模更大
BRCC
是对方的1.6倍
$70.9M
营收增速更快
BRCC
高出9.6%
-3.1%
净利率更高
BRCC
高出4.9%
-7.8%
自由现金流更多
RICK
多$20.9M
$-9.4M
两年增速更快
BRCC
近两年复合增速
-2.0%
损益表 — Q4 FY2025 vs Q4 FY2025
| 指标 | | |
|---|---|---|
| 营收 | $112.7M | $70.9M |
| 净利润 | $-3.2M | $-5.5M |
| 毛利率 | 32.1% | — |
| 营业利润率 | -6.3% | -0.7% |
| 净利率 | -2.8% | -7.8% |
| 营收同比 | 6.5% | -3.1% |
| 净利润同比 | -29.3% | -2354.9% |
| 每股收益（稀释后） | $-0.02 | $-0.60 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收BRCCRICK
| Q4 25 | $112.7M | — | ||
| Q3 25 | $100.7M | $70.9M | ||
| Q2 25 | $94.8M | $71.1M | ||
| Q1 25 | $90.0M | $65.9M | ||
| Q4 24 | $105.9M | $71.5M | ||
| Q3 24 | $98.2M | $73.2M | ||
| Q2 24 | $89.0M | $76.2M | ||
| Q1 24 | $98.4M | $72.3M |
净利润BRCCRICK
| Q4 25 | $-3.2M | — | ||
| Q3 25 | $-486.0K | $-5.5M | ||
| Q2 25 | $-5.3M | $4.1M | ||
| Q1 25 | $-2.9M | $3.2M | ||
| Q4 24 | $-2.5M | $9.0M | ||
| Q3 24 | $-535.0K | $244.0K | ||
| Q2 24 | $-482.0K | $-5.2M | ||
| Q1 24 | $548.0K | $774.0K |
毛利率BRCCRICK
| Q4 25 | 32.1% | — | ||
| Q3 25 | 36.9% | — | ||
| Q2 25 | 33.9% | — | ||
| Q1 25 | 36.1% | — | ||
| Q4 24 | 38.1% | — | ||
| Q3 24 | 42.1% | — | ||
| Q2 24 | 41.9% | — | ||
| Q1 24 | 42.9% | — |
营业利润率BRCCRICK
| Q4 25 | -6.3% | — | ||
| Q3 25 | 0.5% | -0.7% | ||
| Q2 25 | -13.3% | 12.2% | ||
| Q1 25 | -6.0% | 12.4% | ||
| Q4 24 | -2.1% | 19.5% | ||
| Q3 24 | 1.1% | 4.8% | ||
| Q2 24 | 1.1% | -3.3% | ||
| Q1 24 | 4.0% | 6.4% |
净利率BRCCRICK
| Q4 25 | -2.8% | — | ||
| Q3 25 | -0.5% | -7.8% | ||
| Q2 25 | -5.6% | 5.7% | ||
| Q1 25 | -3.2% | 4.9% | ||
| Q4 24 | -2.3% | 12.6% | ||
| Q3 24 | -0.5% | 0.3% | ||
| Q2 24 | -0.5% | -6.9% | ||
| Q1 24 | 0.6% | 1.1% |
每股收益（稀释后）BRCCRICK
| Q4 25 | $-0.02 | — | ||
| Q3 25 | $0.00 | $-0.60 | ||
| Q2 25 | $-0.07 | $0.46 | ||
| Q1 25 | $-0.04 | $0.36 | ||
| Q4 24 | $-0.03 | $1.01 | ||
| Q3 24 | $-0.01 | $0.04 | ||
| Q2 24 | $-0.01 | $-0.56 | ||
| Q1 24 | $0.01 | $0.08 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $4.3M | $33.7M |
| 总债务越低越好 | $34.7M | $238.2M |
| 股东权益账面价值 | $45.7M | $261.1M |
| 总资产 | $209.2M | $596.9M |
| 负债/权益比越低杠杆越低 | 0.76× | 0.91× |
8季度趋势，按日历期对齐
现金及短期投资BRCCRICK
| Q4 25 | $4.3M | — | ||
| Q3 25 | $9.5M | $33.7M | ||
| Q2 25 | $4.3M | $29.3M | ||
| Q1 25 | $3.9M | $32.7M | ||
| Q4 24 | $6.8M | $34.7M | ||
| Q3 24 | $7.3M | $32.4M | ||
| Q2 24 | $9.6M | $34.9M | ||
| Q1 24 | $4.0M | $20.0M |
总债务BRCCRICK
| Q4 25 | $34.7M | — | ||
| Q3 25 | $35.0M | $238.2M | ||
| Q2 25 | $72.7M | $243.8M | ||
| Q1 25 | $68.8M | $244.1M | ||
| Q4 24 | $65.1M | — | ||
| Q3 24 | $64.9M | $241.1M | ||
| Q2 24 | $66.5M | — | ||
| Q1 24 | $61.5M | — |
股东权益BRCCRICK
| Q4 25 | $45.7M | — | ||
| Q3 25 | $48.0M | $261.1M | ||
| Q2 25 | $10.1M | $269.5M | ||
| Q1 25 | $11.2M | $268.8M | ||
| Q4 24 | $13.2M | $269.0M | ||
| Q3 24 | $14.5M | $263.4M | ||
| Q2 24 | $14.9M | $271.2M | ||
| Q1 24 | $14.6M | $285.8M |
总资产BRCCRICK
| Q4 25 | $209.2M | — | ||
| Q3 25 | $222.4M | $596.9M | ||
| Q2 25 | $225.3M | $597.4M | ||
| Q1 25 | $222.9M | $589.8M | ||
| Q4 24 | $227.4M | $586.2M | ||
| Q3 24 | $233.7M | $584.4M | ||
| Q2 24 | $229.9M | $601.0M | ||
| Q1 24 | $227.2M | $609.9M |
负债/权益比BRCCRICK
| Q4 25 | 0.76× | — | ||
| Q3 25 | 0.73× | 0.91× | ||
| Q2 25 | 7.19× | 0.90× | ||
| Q1 25 | 6.15× | 0.91× | ||
| Q4 24 | 4.94× | — | ||
| Q3 24 | 4.47× | 0.92× | ||
| Q2 24 | 4.46× | — | ||
| Q1 24 | 4.21× | — |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $-8.7M | $13.7M |
| 自由现金流经营现金流 - 资本支出 | $-9.4M | $11.5M |
| 自由现金流率自由现金流/营收 | -8.3% | 16.2% |
| 资本支出强度资本支出/营收 | 0.6% | 3.2% |
| 现金转化率经营现金流/净利润 | — | — |
| 过去12个月自由现金流最近4个季度 | $-13.5M | $34.9M |
8季度趋势，按日历期对齐
经营现金流BRCCRICK
| Q4 25 | $-8.7M | — | ||
| Q3 25 | $6.4M | $13.7M | ||
| Q2 25 | $-3.3M | $13.8M | ||
| Q1 25 | $-4.1M | $8.5M | ||
| Q4 24 | $2.2M | $13.3M | ||
| Q3 24 | $1.9M | $15.7M | ||
| Q2 24 | $2.3M | $15.8M | ||
| Q1 24 | $4.9M | $10.8M |
自由现金流BRCCRICK
| Q4 25 | $-9.4M | — | ||
| Q3 25 | $5.6M | $11.5M | ||
| Q2 25 | $-4.3M | $10.1M | ||
| Q1 25 | $-5.3M | $5.7M | ||
| Q4 24 | $504.0K | $7.6M | ||
| Q3 24 | $-205.0K | $10.3M | ||
| Q2 24 | $147.0K | $9.3M | ||
| Q1 24 | $2.2M | $3.2M |
自由现金流率BRCCRICK
| Q4 25 | -8.3% | — | ||
| Q3 25 | 5.5% | 16.2% | ||
| Q2 25 | -4.5% | 14.2% | ||
| Q1 25 | -5.9% | 8.6% | ||
| Q4 24 | 0.5% | 10.6% | ||
| Q3 24 | -0.2% | 14.0% | ||
| Q2 24 | 0.2% | 12.3% | ||
| Q1 24 | 2.2% | 4.4% |
资本支出强度BRCCRICK
| Q4 25 | 0.6% | — | ||
| Q3 25 | 0.8% | 3.2% | ||
| Q2 25 | 1.0% | 5.2% | ||
| Q1 25 | 1.3% | 4.3% | ||
| Q4 24 | 1.6% | 8.0% | ||
| Q3 24 | 2.2% | 7.3% | ||
| Q2 24 | 2.4% | 8.4% | ||
| Q1 24 | 2.8% | 10.6% |
现金转化率BRCCRICK
| Q4 25 | — | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | 3.40× | ||
| Q1 25 | — | 2.65× | ||
| Q4 24 | — | 1.48× | ||
| Q3 24 | — | 64.14× | ||
| Q2 24 | — | — | ||
| Q1 24 | 8.97× | 14.00× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
BRCC
| Sales Channel Through Intermediary | $72.9M | 65% |
| Sales Channel Directly To Consumer | $34.4M | 31% |
| Outpost | $5.4M | 5% |
RICK
| Transferred At Point In Time | $60.8M | 86% |
| Food And Merchandise | $10.4M | 15% |
